The appellant claims to be a bonafide purchaser of the property which is being proceeded against in Recovery Proceedings No. 48/2014 by the Ld. Recovery Officer executing the Recovery Certificate issued in favour of the respondent bank for the realization of the debt allegedly due from the borrower in Original Application No. 346/2013 (O.A.). The appellant is a bonafide purchaser of the property which is identified as a property belonging to the respondents and is proceeded against by the Ld. Recovery Officer filed an application claiming interest in the property. The Ld. Recovery Officer, vide order dated 06.11.2024 rejected the claim of the appellant. Aggrieved by that, the appellant approached the Debts Recovery Tribunal u/s 13 of the Recovery of Debts & Bankruptcy Act, 1993 (“RDB ACT”, for short)